Worth reading
90Important
Scored from 2 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
1
month delayWording
Conditional
How definitive the wording is.Details of issuance or disposal
Issuance of new shares by third-party allotment (change in the planned timing of expenditure of funds from the previously announced issuance)
Amount of funds to be raised
¥475 million to be raised through the issuance of new shares (estimated net proceeds: Not disclosed)
Specific use of funds
Initial start-up funding for the AI data center businessAmount ¥475 million / Scheduled timing of expenditures September 2026
Most recent equity financing
Timing Disclosure dated 7 August 2026 / Type Issuance through a third-party allotment of new shares and the 16th Stock Acquisition Rights, 17th Stock Acquisition Rights and 6th Convertible Bonds with Stock Acquisition Rights (with a provision for adjustment of the conversion price) / Amount Not disclosed, Timing 24 August 2026 / Type Issuance of the 16th series of stock acquisition rights / Amount ¥985 million expected to be raised through exercise
Impact on Business Performance
The change in the planned timing of expenditure is not expected to affect full-year consolidated results for the fiscal year ending February 2027.
Scheduled expenditure date before the change
August 2026
Scheduled expenditure date after the change
September 2026
| Item | Details |
|---|---|
| Type of issuance or disposal | Issuance of new shares by third-party allotment (change in the planned timing of expenditure of funds from the previously announced issuance) |
| Amount of funds to be raised | ¥475 million to be raised through the issuance of new shares (estimated net proceeds: Not disclosed) |
| Specific use of funds | Details Initial start-up funding for the AI data center business / Amount ¥475 million / Scheduled timing of expenditures September 2026 |
| Most recent equity financing | Timing Disclosure dated 7 August 2026 / Type Issuance through a third-party allotment of new shares and the 16th Stock Acquisition Rights, 17th Stock Acquisition Rights and 6th Convertible Bonds with Stock Acquisition Rights (with a provision for adjustment of the conversion price) / Amount Not disclosed, Timing 24 August 2026 / Type Issuance of the 16th series of stock acquisition rights / Amount ¥985 million expected to be raised through exercise |
| Impact on Business Performance | The change in the planned timing of expenditure is not expected to affect full-year consolidated results for the fiscal year ending February 2027. |
| Scheduled expenditure date before the change | August 2026 |
| Scheduled expenditure date after the change | September 2026 |
Items this document does not state (23)
Number of shares to be issued or disposed ofIssue price and disposal priceTotal issue valueEstimated issuance expensesPayment dateIntended allotteeIntended allottee's holding policyDilution RateTotal number of issued sharesBasis for determining the amount to be paidExercise priceExercise periodNumber of Stock Acquisition RightsTransfer restriction periodConditions for lifting transfer restrictionsReason for acquisition without considerationCategories and Number of Persons CoveredTotal Stock-Based CompensationUnderwriter / lead underwriterOverallotmentStock Split RatioProcedures under the Corporate Code of ConductMajor shareholders after the offering
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The procurement plan was reviewed after reconfirming the data center's technical requirements and the procurement environment, including GPU server prices, delivery schedules and available supply, and comparing multiple procurement candidates. The company entered into a sale and purchase agreement with a new operating company to procure latest-generation, high-density GPU servers and related equipment, and decided to allocate ¥475 million to part of the initial payment under that agreement.
How to read this page
This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.